NY S02544 | 2013-2014 | General Assembly
Status
Spectrum: Slight Partisan Bill (Democrat 4-2)
Status: Introduced on January 18 2013 - 25% progression, died in committee
Action: 2014-01-08 - REFERRED TO INSURANCE
Pending: Senate Insurance Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 18 2013 - 25% progression, died in committee
Action: 2014-01-08 - REFERRED TO INSURANCE
Pending: Senate Insurance Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Provides that an insurer doing business in this state shall be liable to a policy holder for such insurer's refusal to pay or unreasonable delay of payment to the policy holder if such refusal or delay was not substantially justified; enumerates instances whereby an insurer's refusal or delay of payment is not substantially justified including intentional negligence, failure to act in good faith, failure to provide written denial of claim and failure to make final determination of claim within six months.
Title
Provides that an insurer doing business in this state shall be liable to a policy holder for such insurer's refusal to pay or unreasonable delay of payment to the policy holder if such refusal or delay was not substantially justified; enumerates instances whereby an insurer's refusal or delay of payment is not substantially justified including intentional negligence, failure to act in good faith, failure to provide written denial of claim and failure to make final determination of claim within six months.
Sponsors
Sen. John DeFrancisco [R] | Sen. Joseph Addabbo [D] | Sen. John Bonacic [R] | Sen. Martin Dilan [D] |
Sen. Adriano Espaillat [D] | Sen. Kevin Parker [D] |
History
Date | Chamber | Action |
---|---|---|
2014-01-08 | Senate | REFERRED TO INSURANCE |
2013-01-18 | Senate | REFERRED TO INSURANCE |
Same As/Similar To
A03305 (Same As) 2014-01-08 - referred to insurance